Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    612 11Th Ave Rochester, MN 55901
    Back to Search
    Property profile & analytics

    612 11Th Ave Rochester, MN 55901

    View on Map
    • Distribution centers
    • 20,542 SF
    Off-Market
    Property ID
    US46-1884005
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jolly Jumpz / Party Supply Store / Rental Equipment Company
    • Rentex Rentals / Party Supply Store / Rental Equipment Company
    • SIKAFFY Surplus & Sales / Big Box & Wholesale Store

    Property Details for 612 11Th Ave

    Year built
    1967
    Property size
    20,542 SF
    Property type
    Distribution centers

    Description

    This centrally located Rochester, MN warehouse offers 8,204 square feet of heated space, perfect for various industrial needs. Built in 1967, the building features two dock-high loading doors, ensuring efficient loading and unloading. High ceilings provide ample vertical storage space. The unit also includes a bathroom and ample parking. The property is part of a larger building totaling 20,542 square feet, divided into three suites. Its prime location offers easy access to major highways, including Highways 52, 63, and 14, providing excellent transportation links. Bright LED security lighting enhances safety and visibility. The space is anticipated to be available in December. The property's APN is 74.35.23.081984, located in Olmsted County. This is a single-building property with multiple tenants.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.478960905857
    Latitude
    44.0308647478

    Comparable in this City

    • Contact for pricing

      Rochester Technology Campus Space Available

      Versatile campus with office, manufacturing, warehouse, and lab space.
      2900 37Th St NW, Rochester, MN 55901
      View Details
    • Contact for pricing
      6,636 SF

      Highway 52 Retail/Warehouse Space

      Highly visible retail and warehouse space on Highway 52.
      5139 W Frontage Rd, Rochester, MN 55901
      View Details
    • Contact for pricing
      1,000,000 SF

      Industrial Space with Existing Tenants

      Large industrial property with established tenants, including IBM.
      3605 Highway 52 North, Rochester, MN 55901
      View Details
    • $14 SF/Yr
      7,216 SF

      Functional Office and Warehouse Space

      7,216 SF commercial property with office and warehouse space.
      3621 9Th St NW, Rochester, MN 55901
      View Details
    • $14 SF/Yr

      Rochester Office and Flex Space

      Office and flex space in downtown Rochester near Mayo Clinic.
      15 Civic Center Dr NE, Rochester, MN 55901
      View Details
    • Contact for pricing
      4,968 SF

      Adaptable Office/Industrial Space For Lease

      9,207 SF office building with flexible layout in Rochester, MN.
      3416 Lakeridge Pl NW, Rochester, MN 55901
      View Details

    Similar Nearby for Sale

    • $3,500,000
      34,492 SF

      Rochester Industrial Space For Sale

      34,492 SF industrial space with convenient highway access.
      1305 Valleyhigh Dr NW, Rochester, MN 55901
      View Details
    • $1,699,000
      15,111 SF

      Versatile Commercial Property Near Downtown

      Adaptable space suitable for retail, warehouse, or mixed-use ventures.
      407 2Nd Ave NW, Rochester, MN 55901
      View Details
    • Contact for pricing

      Climate-Controlled Self-Storage Facility For Sale

      16,352 NRSF climate-controlled self-storage facility with upside potential.
      3112 Valleyhigh Dr NW, Rochester, MN 55901
      View Details
    • Contact for pricing
      12,771 SF

      Modern Rochester Office Space

      Prime location, updated offices, ample space.
      1610 14Th St, Rochester, MN 55901
      View Details
    • $1,499,280
      62.47 Acres

      Prime Olmsted County Land

      62 Acres, Investment Opportunity
      Township New Hvn, Rochester, MN 55901
      View Details
    • Contact for pricing
      3,705 SF

      Flexible Office Space For Sale

      Office space in prime location available for purchase.
      3253 19Th St NW, Rochester, MN 55901
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Rochester Technology Campus Space Available

      Versatile campus with office, manufacturing, warehouse, and lab space.
      2900 37Th St NW, Rochester, MN 55901
      View Details
    • Contact for pricing
      6,636 SF

      Highway 52 Retail/Warehouse Space

      Highly visible retail and warehouse space on Highway 52.
      5139 W Frontage Rd, Rochester, MN 55901
      View Details
    • Contact for pricing
      1,000,000 SF

      Industrial Space with Existing Tenants

      Large industrial property with established tenants, including IBM.
      3605 Highway 52 North, Rochester, MN 55901
      View Details
    • $14 SF/Yr
      7,216 SF

      Functional Office and Warehouse Space

      7,216 SF commercial property with office and warehouse space.
      3621 9Th St NW, Rochester, MN 55901
      View Details
    • $14 SF/Yr

      Rochester Office and Flex Space

      Office and flex space in downtown Rochester near Mayo Clinic.
      15 Civic Center Dr NE, Rochester, MN 55901
      View Details
    • Contact for pricing
      4,968 SF

      Adaptable Office/Industrial Space For Lease

      9,207 SF office building with flexible layout in Rochester, MN.
      3416 Lakeridge Pl NW, Rochester, MN 55901
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    612 11Th Ave
    Rochester, MN 55901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    612 11Th Ave, Rochester, MN, 55901
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!